NZX boosts 3Q revenue 12 percent as new listings drive trading

Mon, 28 Oct 2013

Oct. 29 (BusinessDesk) - NZX, the stock exchange operator and supervisor, lifted third quarter sales as newly listed companies and resurgent interest in the share market underpinned heavier trading volumes. The Wellington-based company’s revenue rose 12 percent in the three months ended Sept. 30 from the same period a year earlier, as dairy processor Synlait Milk, intelligence software developer Wynyard Group and service station chain Z Energy joined the bourse it said in a statement. That lifted listing revenue 36 percent from a year earl...

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